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FADING THE ECONOMIC STANCES

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India has always been the one of the most fast moving economy from the time when the silk route was at its peak and after that long history, much happened which cannot be described here in just few words but if to sum up we can say it has always in loss when compared to its previous rate. The forwarding rate can be much higher then the other competitors but still the in the battle to self somewhere we are lacking. From once being the Golden Sparrow to the economic reforms of 1991 and now the modern era from Demonetisation to the newest one GST every thing contains the impressions of a comman Indian man, a farmer who earns on daily basis with his hard labour. He has been lost and misunderstood from the centralised AC offices. Well this is not to criticize the Government as it is not only responsible, the concern here is that every stakeholder somewhere deflected from its path. Four engines powers the economy: exports, government investments, private consumption, and private invest...

Major Takeaways GST : Assessment of Impact

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The most awaited change GST which the people of the India were waiting immensely. It is one of the biggest climate change after the 1991 economic reforms.Tax system in India has always been very complicated, hundreds of taxes to be paid and it become a trouble for the Agencies as well as the people so it was also major reason that why we were not getting sufficient taxes which were used for the betterment of the society.India having a population of 1.25 Billion People but there are only few who pay the Taxes,and even those who pay , they try to reduce their taxable amount by some different incorrect means and GST is going to curb this all. Here I am not going to tell about GST as it has been discussed at many places,many articles have been published,I just want to make my point on them who are against it and protesting.Are they correct? One day we have to take this decision if we want to move forward and we want to modernise our economy and reduce our number of tax systems and ...